For the quarter, the company’s revenue totalled $61.6 million, down 20% year-over-year and below the market forecast of $62.57 million. Loss per share amounted to $0.29. At the same time, net income reached $409.9 million, largely due to a $549 million non-cash gain related to debt restructuring.
The decline in sales was primarily driven by weak demand for plant-based meat alternatives, as well as reduced shipments to quick-service restaurant chains in both the U.S. and international markets. Additional pressure on financial results came from restructuring costs, including SKU rationalization, discontinuation of certain product lines, asset write-downs, and the cessation of operations in China.
The company also reported higher production costs due to rising raw material prices and inventory-related expenses, which negatively impacted margins.
For the first quarter of 2026, Beyond Meat expects revenue in the range of $57–59 million. The company highlighted elevated market uncertainty and is focusing on stabilizing sales and improving profitability throughout the year.
PigUA.info, based on thepigsite.com